77Tracking

Mortgages News


New Century seeks Chapter protection
2 Apr 2007 source: iii.co.uk

LOS ANGELES (AP) - Subprime mortgage lender New Century Financial Corp. filed Monday for Chapter 11 bankruptcy protection, and said it would fire 3,200 workers, or 54 percent of its work force, to better position the company for a possible sale. Once the second-largest provider of subprime mortgages in the U.S. based on loan volume, New Century was the latest lender to fall on hard times amid a s ...


Forex - Dollar slightly lower after ISM survey, rise in prices limits losses ...
2 Apr 2007 source: iii.co.uk

LONDON (AFX) - The dollar was slightly lower after a key survey of the US manufacturing sector came in below expectations, though losses were limited as a surge in the prices components pointed to rising inflationary pressures. The monthly survey from the Institute of Supply Management said its main purchasing managers index for the sector fell to 50.9 in March from 52.3 in February, below expect ...


Experts split on rates decision
2 Apr 2007 source: thisismoney.co.uk

This is Money2 April 2007 Homeowners are being braced for a possible rise in borrowing costs when the Bank of England announces its latest interest rates decision on Thursday. FEELING THE PINCH: A rise to 5.5% would represent the fourth increase in the cost of borrowing since August WANT TO KNOW MORE? RATES: News, analysis, advice QUIZ: Interest rates POLL: Where will the bank base rate be at the end of 2007? OTHER STORIES Lending surges at Northern Rock Market rep ...


Two more Premium Bond millionaires
2 Apr 2007 source: thisismoney.co.uk

This is Money2 April 2007 Two Premium Bond holders have each won £1m in April's double jackpot. OTHER STORIES Children lose out on windfalls Q&A: What next for bank charges? Savings rates that beat inflation New Isas for the new tax year OFT delays bank charge decision SAVINGS TABLES Find the best savings account to suit you from our entirely independent compari ...


Eco-flats bid to beat stamp duty
2 Apr 2007 source: thisismoney.co.uk

Mark Prigg, Evening Standard2 April 2007 A block of flats planned for north London could be the first to benefit from Gordon Brown's no stamp duty pledge for new zero-carbon homes. GEEN HOMES: The BowZED flats in east London were one of the first zero-carbon homes WANT TO KNOW MORE? GREEN HOMES: What is a zero-carbon home? TIPS: Extend your home - without permission EXTERNAL LINK: Visit the planning application OTHER STORIES Fixed-rate deals fall - for now Property ...


Forex - Australian dollar at 0-year highs as RBA rate hike expectations rise ...
2 Apr 2007 source: iii.co.uk

LONDON (AFX) - The Australian dollar was at 10-year highs against the dollar at midday after buoyant consumption and housing data raised expectations that the Reserve Bank of Australia may raise borrowing costs tomorrow. Most RBA watchers think the central bank will decide to keep its key cash rate unchanged at 6.25 pct but stressed that today's news that retail sales rose a seasonally adjusted 0 ...


European govt bonds edge up after weaker-than-expected euro zone PMI data ...
2 Apr 2007 source: iii.co.uk

LONDON (AFX) - European government bonds edged higher after a key survey showed euro zone manufacturing activity fell to a thirteen-month low in March. The latest purchasing managers' index for the euro zone manufacturing sector dropped to a thirteen-month low of 55.4 in March from 55.6 in February, below expectations for an unchanged reading, figures showed. The data helped bonds push higher, r ...


Could you lend money to strangers?
2 Apr 2007 source: thisismoney.co.uk

Helen Loveless, Financial Mail2 April 2007 A growing dislike and distrust of banks - their hidden fees, extortionate penalties and poor service - is driving many people to look elsewhere for loans and savings. IN CONTROL; Lender Maeve Thompson likes Zopa because she can choose the interest rate she wants WANT TO KNOW MORE? LOANS: The cheapest rates ZOPA: Visit the site INVESTING: Other ways of investing your cash CASH ISAS: The best rates OTHER STORIES Credit ca ...


Property may slump next year
2 Apr 2007 source: thisismoney.co.uk

Daily Mail2 April 2007 House prices could tumble sharply in 2008, experts warned last night. They claimed rising prices have left the housing market at its most overvalued for 15 years, meaning a growing number of people are unable to get a foot on the property ladder. PROPERTY SLUMP? House prices may plummet next year according to a new report WANT TO KNOW MORE? MORTGAGES: Fixed-rate deals fall - for now PROPERTY: Cost of moving triples to £9,500 MORTGAGE DEALS: Find ...


Lending surges at Northern Rock
2 Apr 2007 source: thisismoney.co.uk

Evening Standard2 April 2007 Northern Rock, the mortgage bank, may only expect house prices everywhere but central London to rise at the same rate as wages in 2008 but its own new year has got off to a flying start. WANT TO KNOW MORE? Savings rates that beat inflation Beware 'easy' buy-to-let deals Mortgage fees: How much are you owed? OTHER STORIES Market report: Monday preview  ...


1 2
 

Archive

© 2008 77Finance Ltd.
Partner Sites:  Retail Baltic | 77Agency | 77Finanza | Send a thought
77CityGuides:  77London | 77NewYork | 77Madrid | 77Paris | 77Turin | 77Sydney